How to Apply for IPO Shares in India? – In 3 Easy Steps: Complete Guide.

How to Apply for IPO Shares in India: IPO is one of the coolest ways to raise funds for a particular company. If any company wants to expand their business or wants to repay their high-cost loans then IPO can be the best option for them.

IPO can be a very good option to make a profit if you are a knowledgeable investor. Not every IPO is worth investing in. You have to do extensive research before investing in it. Here is detailed information on “Things to Check before Applying for IPOs

In this article, we will focus on “How to Apply for IPO Shares in India?”, “What is IPO exactly?”, and more.

What is IPO (Initial Public Offering)

The IPO(Initial Public Offering) is the process of transferring a private company into a public company. Smart investors make a good return by investing in IPO.

As we have seen before not every IPO is worth investing in it. You can go with the fundamentals of the company and other important parameters then you can confidently apply for that particular IPO. You can get some idea about that IPO with some Gray market parameters.

If you want to Apply for IPO Shares in India then you can apply online. Either you can apply directly with your broker by UPI payment method or Online net banking that provides an ASBA facility.

What’s ASBA?

Application-Supported by Blocked-Amount (ASBA) is a simple and easy methodology to apply for IPOs. If you make investments by ASBA, the funds are blocked in your account for the IPO. 

If you get an allotment of a particular IPO then blocked fund automatically debit from your bank account. If you don’t get an IPO allotment then the blocked fund is automatically released in your bank account.

Most of the Nationalised banks like SBI, HDFC Bank, ICICI Bank, and more. Here is a complete list of ADBA supported banks.

ASBA Eligibility Criteria

  • The investor must be a resident of India.
  • You should have a valid PAN number, a Demat, and a trading account.
  • You should have sufficient funds in your bank account.
  • Should bid on cut-off price.
  • Should be agreed on terms and conditions.

How to Apply for IPO Shares in India through ASBA?

Step 1: Log in to your online net-banking account. Here we will take the example of SBI Netbanking.

how to apply for IPO with ASBA SBI

Step 2: Then click on e-Services. After that click on ” Demat Services and ASBA”

Step 3: Then Click on IPO(Equity/Rights)

How to apply for IPO in India

Step 4: Click on Accept.

How to apply for IPO in India

Step 5:

  • Choose the IPO for which you wish to apply
  • Enter the number of shares and the ‘bid value’
  • Read all the rules and regulations docs before you place your bid
  • Affirm and place your order by clicking on ‘Apply Now

How to Apply for IPO Shares in India through UPI?

How to Apply for IPO Shares in India with Zerodha?

Step 1: Log in to the Kite Zerodha Application. If you don’t have an account then you can open it from here.

How to apply through Zerodha for IPO

Step 2: Go to the Bids Section

Step 3: Then click on Apply.

4. Add your UPI ID and required information. And swipe to submit.

Step 5: After completing all those requirements. You will receive an amount blocking request on your UPI app. Here you can use any UPI app for an IPO subscription.

To receive an “account blocking” request from a broker might take more time in some cases. So don’t worry keep patience.

How to apply for IPO in UPSTOX?

Also Read

What is GMP in IPO, What is Kostak in IPO, Grey Market Premium?

Things to Check Before Applying for IPOs. For Short and Long Term Both.

How to Increase Chances of IPO Allotment?

List of Upcoming IPOs 2021

Short Summary

Hope you understand How to Apply for IPO Shares in India. It is very easy to apply for any new IPO. You can apply with the help of UPI Payment or online net banking easily. To increase the probability of getting an allotment to try to apply with multiple Demat accounts. Follow the above steps, if you are lucky you will get a decent amount of allotment.


What is a bid price?

The bid price is the amount you are willing to pay per IPO share. For the IPO, the organization will specify a range of permissible offer prices, and you must choose a bid price within that range.

What happens once I submit an IPO application?

After submitting an IPO application, you will receive a confirmation email or message from your broker. If you get allocated shares in the IPO, you will be advised of the number of shares assigned to you as well as the price per share. If IPO is allocated to you then your blocked money will be deducted from your bank account. 

What period will my IPO shares be delivered?

Around 7 days it will take to deliver IPO shares in your Demat account. You can check your allotment with the respective register of IPO.

What risks are there that come with making an IPO investment?

It is a risky investment to participate in an IPO. Following the IPO, the stock price may increase or decrease, and you could lose money. Only make investments in initial public offerings (IPOs) when you are aware of the risk involved.

How much cash do I need to submit an IPO application?

Depending on the firm and share price, there are different minimum application amounts for initial public offerings (IPOs). But usually, it’s around 12 thousand to 16 thousand. 

Who is eligible to submit an IPO application?

In India, an IPO application can be submitted by anyone holding a PAN card and a valid Demat account.

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